Single family new home building permits are down for 2009 here in the Tri Cities Washington.. However, the numbers may be skewed a bit as Richland seems to be the only city really down, and Richland's lower new home permits may be a result of no room to grow except north. The Tri Cities new home building permits are the lowest in 10 or so years! In most economies this would be indicative of a poor economy, but not the Tri Cities!
I suspect Tri Cities new home building permits are down simply because builders are echoing the pessimistic sentiments of the national economy. Builders must paying attention to national news, as Tri Cities Washington is approaching a housing shortage. Homes under $300k are for the most part in a seller's market, while rental properties are becoming harder to come by. Just yesterday we were checking on rental comparisons for our personal duplexes only to find 1 (one!) duplex for rent. A year or two ago there would be 20ish duplexes available!
Low building permit numbers are a good thing given our current circumstances here in the Tri Cities. At some point, new homes will have to be built at a quick pace which will only add to our already great stimulus money backed economy. With new construction flaming our healthy economy, big box stores (among other employers) will add even more jobs to our cities. Originally posted at new family home building permits.
Low building permits numbers amidst a housing shortage. Nice problem! [grins] Isn't Tri Cities a great place to live!
Thinking of owning your own home? Well do consider Kennewick Washington homes for sale real estate options. The peace and serenity of the place and the proximity of all Kennewick homes near public and private utilities make the real estate options worth the time and money invested in the hunt.
At The Lane Real Estate Team, we handle Kennewick Wa properties and are very well networked in the community offering buyers, first and seasoned, homes for sale real estate options that are lucrative and designed to fit into any predetermined budget. There are a number of online as well as offline resources that list Kennewick homes and even make virtual tours available on request, however, The Lane Real Estate Team can walk you through the process.
Kennewick Washington is a destination location for folks looking to purchase into a thriving community. Consider using The Lane Team of Colleen and Joe Lane for assistance. Colleen Lane is the broker, while Joe manages marketing, online ventures, and personnel. See Kennewick Wa homes for sale.
The State of Washington is all set to go for the $8,000 tax credit bridge loan for first time homebuyers. However, the IRS is not.
Currently, the way the $8,000 tax credit works for a first time homebuyer (a first time homebuyer is defined as someone who hasn’t owned a home in the past 3 years) is he/she will purchase a home then file an amended tax return to get the tax credit.
For the $8,000 tax credit bridge loan, the down payment would be advanced to the buyer thru a third party then paid back to the third party when the buyer gets their refund from their amended return. However, with an amended return the refund has to be mailed to the buyer at his/her current address. This is where the IRS comes in, the State of Washington and Washington Association of Realtors are working with the IRS to have the refund made payable to the third party handling the funds instead of the buyer.
Personally, I hope they get the fund handling issue hammered out soon. Originally posted at 8000 home tax housing credit.
Last week, Colleen was called for an interview on the current state of the housing market for our local KEPRTV news channel. I don’t know if 1 minute of TV exposure qualifies for 'celebrity' status, but at our house I learned that we can scrub a house spotless in less than 15 minutes notice and only a celebrity could motivate our three pretty girls and two handsome boys to do that. We were given 15 minutes notice the reporter was on the way! Colleen admitted to me that she was very nervous, although on the outside she was as calm and composed as ever—an amazing feat considering that the last time she was on TV was 24 years ago, on the game show, “Let’s Make a Deal”. While only one minute was used on TV, the whole interview lasted more than 30 minutes as Colleen answered all the questions very gracefully and intelligently. If you care to watch Colleen's 1 minute of fame, fast forward the video to where there is 3 minutes, 50 seconds remaining:
It is of no question that Country Ridge properties are in demand. At present, lots are already ninety-eight percent accommodated by residential homes, so any real estate property up for grabs is truly gold. Country Ridge is a very warm community within the City of Richland and a fair-sized population of less than 400 family homes with a well organized home owners support. Parks and other common areas for residents inside the subdivision are around eleven hectares, all of which are highly maintained, making it a very good candidate for raising a family of any type. Country Ridge is also a most sensible location for one to live in with Richland being of easy access to other Tri-City areas thru its highway system, and Richland itself is full of endless choices for recreational activities, perfect for those who wish to retire happily. Owning a Country Ridge property is truly like purchasing a good life. See Country Ridge Richland Washington
*Country Ridge has 363 occupied homes and 2 vacant lots. The first of 8 phases was developed in the late 1970’s. There are 11 acres of parks and common areas throughout the subdivision. -Homeowners association site
Have you heard about the Indianapolis board of Realtors® decision to require their members to not allow Google to index their IDX listings (with the exception of the agent's personal listings of course)?
I wonder if this policy were to spread nation wide, how this would affect Zillow, Trulia, etc. Just today we received a listing for a property in Country Ridge. I did a search for 'country ridge richland wa' and noticed Zillow, realestate.com, etc., ranking for their property listings.
My guess is, if real estate agents were not able to index their website's IDX feeds then these national power houses would get even more powerful. As they (Zillow, etc.) would be the only websites indexing agent's listings. :(
I am the Realtor® that makes things move in The Lane Real Estate Team, while my husband Joe is the dude that provides the marketing that gives me the great clients I have. My sole purpose in life is to serve God, family, and clients. Joe's sole purpose in life is to serve God, me, and family (and ski). We have five children, all at home, all ours. We've been happily married for 23 years, and Joe has forgotten the anniversary almost all of those years! We service the Tri Cities Washington real estate market to include Kennewick, Richland, and Pasco, Washington. Visit our latest listing at West Richland Homes For Sale.
Today, with the recession taking a toll on the world markets, dedicated real estate compromises too are underway. There are a number of real estate providers and news construction owners who are now making available lease to own housing options. These options provide the home owner with the unique opportunity of generating the rent for the leased property and assimilating the same with the home owner or property constructor as a cash down deposit when and as he wishes to own the property.
The lease to own housing options offer the leaser of the premises the opportunity to tap on the potential of the premises and get used to the neighborhood. The lease to own housing option is ideal for the low income first time property investor. The person gets a fair chance at investigating the property and negotiating a fair deal after getting used to the home.
These homes are also designed to offer a fair deal to the owner of the premises. Many times these lease to own housing options are available in areas where the sale for real estate is not really up by measure. In that case the owner benefits by the rent and the final purchase offer made by the renting party. See lease to own homes.
Getting down into the real estate market to look for a property is not an easy task, but with the right guidance and resources at your disposal, it is not difficult either. If you are a buyer then the obvious first move would be to search homes for sale within the preferred locality. This task has been simplified thanks to the extensive networking by real estate agents and real estate brokers.
In your endeavor to search homes for sale within the preferred locality, you ideally need to consider the real estate market situation, more so because of the current recession that has taken a toll on world economy. The houses and other commercial properties that are up for sale are listed in any of the following arenas:
• Dedicated MLS listings
• Local classifieds
• Special newspaper entries on center page
• Government and tax offices
• Real estate agent and real estate4 agent maintained bulletin boards
• Individual web sites maintained either by the property owner or the mediator for sale
These listings make it very easy to identify and search homes for sale within the preferred locality. All you have to do is invest a little time in dedicated research and enter the arena like a professional. See Kennewick homes for sale.
Tri-Cities Airport is an air field terminal that is located at an approximate distance of 3 km from the north west of Washington’s Pasco region. This air field in Franklin County, Washington is also USA’s third largest as far as commercial airports go. The majestic lay out highlights three runways and hence the name.
The Tri City Airport was actually part of the training ground for the United States Navy. This training field was used extensively during World War II and today serves commercial purposes as well as to the consumer. The sale of the air filed by the US Navy to the city of Pasco enabled the city to be internationally recognized. The airport terminal is located at the end of the air field, to the south.
It is being currently used for commercial flights in and out of Washington. The terminus offers the following services:
Fire fighting services and rescue operations.
Commercial air cargo services.
Commercial passenger services, ground and in flight.
Serves the consumer's needs for air travel.
The terminus is being managed by the City of Pasco. There are a number of commercial operations that are being housed in the old naval buildings that stand to the north of the airport. See Tri Cities Washington Airport.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
Single family new home building permits are down for 2009 here in the Tri Cities Washington.. However, the numbers may be skewed a bit as Richland seems to be the only city really down, and Richland's lower new home permits may be a result of no room to grow except north. The Tri Cities new home building permits are the lowest in 10 or so years! In most economies this would be indicative of a poor economy, but not the Tri Cities!
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